Destination Pet | Columbia, SC
Sands Investment Group is Pleased to Exclusively Offer for Sale a 6,529 SF Destination Pet NN Asset Located at 124 Stonemark Lane in Columbia, SC. This Deal Includes a Lease That Features Above Market 4% Annual Rental Increases Throughout the Term, With Landlord Responsibilities Limited to Roof and Structure and Strong Corporate Guarantee From Destination Pet, LLC, Providing For a Secured Investment.
- This is a Double Net (NN) Lease With Landlord Responsibilities Limited to Roof and Structure
- Strong Corporate Guarantee From Destination Pet, LLC ( 200+ Locations)
- The Lease Features Above Market 4% Annual Rental Increases Throughout the Term, Steadily Growing the NOI and Hedging Against Inflation
- Destination Pet is a National Tenant With 200+ Locations, Providing Investors With an Experienced and Growing Operator as Their Tenant
- This Location Was Acquired By Destination Pet in 2019 Due to the Site’s Strong Performance
- Veterinary Hospitals Are Sound Investments as They Are Pandemic and E-Commerce Resistant and Have Low Relocation Rates Due to the High Buildout Costs Associated With the Locations
- Strong Demographics With Over 100,000 People Living Within a 5- Mile Radius
In Cooperation With Sands Investment Group Charleston, LLC – Lic. #20891 BoR: Chris Sands – Lic. SC #93103
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